A senior management transition has taken place at İstanbul Varlık Yönetim A.Ş., a subsidiary of ÜNLÜ & Co. Tahir Selçuk Tuncalı, who has served as General Manager of İstanbul Varlık for many years, has handed over the role to Sema Argın. Tuncalı will continue to serve as a member of the Board of Directors.
A senior management transition has taken place at İstanbul Varlık Yönetim A.Ş., a subsidiary of ÜNLÜ & Co, one of Türkiye’s leading investment services and asset management groups. Tahir Selçuk Tuncalı, who has served as the company’s General Manager for many years, has handed over the role to Sema Argın, while continuing to serve as a member of the Board of Directors.
Sema Argın, who most recently served as Managing Director responsible for Finance and Investments at İstanbul Varlık, has been appointed as the company’s new General Manager. Her appointment to the Board of Directors will take place following the next General Assembly meeting. In her new role, Argın will focus on further strengthening the company’s robust operational capabilities in non-performing loan management, technology-enabled monitoring systems and customer-oriented approach to developing solutions.
With nearly 30 years of experience in banking and finance, Sema Argın holds a bachelor’s degree in economics from Marmara University’s English-language programme. She completed an MBA at the State University of New York and a master’s degree in organizational psychology at Istanbul Bilgi University. Argın began her career at Yapı Kredi Bank and has worked within ÜNLÜ & Co for the past 20 years. Having held senior management positions in non-performing loan management since the establishment of this business line at ÜNLÜ & Co, Argın has played an active role in shaping İstanbul Varlık Yönetim A.Ş.’s growth strategy, portfolio investments and operational transformation processes.
Commenting on the appointment, Mahmut L. Ünlü, Chairman and CEO of ÜNLÜ & Co, said:
“Selçuk Tuncalı has made significant contributions to İstanbul Varlık’s development since its establishment and to its emergence as one of the leading players in the sector. I would like to thank him for his valuable work. I am confident that Sema Argın will further enhance our company’s performance through her strong financial expertise, management experience and extensive institutional knowledge of İstanbul Varlık. I wish both of our leaders every success in their new roles. Drawing on 30 years of experience, ÜNLÜ & Co and its subsidiaries will continue to support the development of the financial system and deliver value-creating solutions.”
Commenting on her new role, Sema Argın, General Manager of İstanbul Varlık Yönetim A.Ş., said:
“I am pleased to assume the responsibility of building on İstanbul Varlık’s strong institutional heritage and successful track record. Together with our experienced team, we will continue to develop solutions in non-performing loan management based on the principles of efficiency, flexibility and trust, while contributing to the reintegration of our customers into the financial system. In the period ahead, we aim to create sustainable value for both our sector and the ÜNLÜ & Co ecosystem by further strengthening our technology-enabled operational capabilities, effective portfolio management approach and customer-oriented solutions.”